3 minutes ago
LeBron's Partner Guides $5 Billion Bid to Challenge NBA Global Dominance
2 references
- Investors raise $5B for NBA rival led by Maverick Carter.
- New league to have 12 teams in various cities worldwide.
- Inspired by LIV Golf, aims to attract top global talent.
- Includes men's and women's teams in a global format.
- Maverick Carter involved due to strong business connections.
- High NBA salaries challenge attracting top players.
- Private equity and sovereign funds back the new league.
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